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These days, finding an affordable place to live in the Granite Falls area can be challenging. Home prices in Granite Falls are now at a median cost of $215,801, lower than the North Carolina average of $323,314.
The average cost of rent is $898/mo in Granite Falls, primarily driven by the current value of real estate in the Granite Falls area. In Granite Falls, 23.22% of households rent, and 37.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Granite Falls is $5,873 per month. Households that rent pay about 15.30% of their income on rent here. Granite Falls’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rutherford College, NC: equally priced homes
- Sawmills, NC: equally priced homes
- Rhodhiss, NC: less expensive homes
- Hudson, NC: less expensive homes
- Long View, NC: less expensive homes
- Hildebran, NC: less expensive homes
- Cajahs Mountain, NC: less expensive homes
- Hickory, NC: higher priced homes
- Connelly Springs, NC: less expensive homes
- St. Stephens, NC: higher priced homes
Cities with Similar Populations
- Windham, NH: higher priced homes
- Beech Grove, IN: equally priced homes
- Bel Air, MD: higher priced homes
- Worthington, OH: higher priced homes
- Bellefontaine, OH: less expensive homes
- Bellevue, WI: higher priced homes
- Bellingham, MA: higher priced homes
- Bellmore, NY: higher priced homes
- Bennettsville, SC: less expensive homes
- Berea, SC: equally priced homes
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